German Ifo sentiment indicator flat at 108.6 vs month ago

SarahTurner

LONDON (MarketWatch) -- The German Ifo May survey of business sentiment was unchanged from a month ago at 108.6, data showed Thursday. Economists had been expecting a reading of 108.8. The Ifo reading of current conditions slipped to 112.5, from 113.1 in April, while the expectations reading rose to 104.8 from 104.3 a month ago.

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